Was Jim Cramer Right About GE Vernova Inc. (GEV)?

By Dionysis Partsinevelos | May 07, 2025, 4:41 PM

We recently published a list of Jim Cramer Absolutely Nailed These 11 Stock Predictions. In this article, we are going to take a look at where GE Vernova Inc. (NYSE:GEV) stands against other stocks that Jim Cramer discussed.

During a recent episode of Mad Money, which aired on Friday the 2nd of May, Jim Cramer discussed some macro-based data that affected the stock market over the past week:

“When you get a strong employment report like we did this morning, it does a lot of things that you need to know about. First, it takes a near-term recession kind of off the table. Very difficult to have recession with a 4.2% unemployment rate. That’s just too much demand for workers.”

READ ALSO: Jim Cramer Says Big Tech Is Back and Deep Dives Into These 8 Stocks And Did Jim Cramer Hit or Miss On These 13 Stock Predictions?

He warned his viewers to not get excited about the recent rally but admitted that the recent earnings reports were encouraging:

“So keep in mind that today’s rally may not be one off as we go through our game plan for next week. But first, let me just say we’re over the hump. We’ve now had companies that reported fabulous numbers.”

His last cautious warning was to look out for any possible geopolitical escalations between the U.S. and China:

“Here’s the bottom line: We know that we’re living through a time of great tumult. We could easily be thrown off if President Trump responds harshly to this Chinese olive branch this very weekend. If that happens, there could be some unwinding to do. Right now, though, it looks like the momentum can keep up as long as we don’t get a total breakdown in the nascent trade talks between the world’s two biggest nations.”

Our Methodology

For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during Mad Money episodes that aired on the 5th and 6th of May, 2024. We then calculated their performance for the past 12 months, until May 6th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.

Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Was Jim Cramer Right About GE Vernova Inc. (GEV)?

GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 111

A caller asked Cramer about GE Vernova Inc. (NYSE:GEV), and he responded with a nuanced take, pointing to the company’s real value in natural gas distribution despite common assumptions about renewables. Here’s what he said back then:

“This is an interesting thought ’cause right now it’s really a play on Natural Gas distribution. I know it’s got you know people want to be about wind and it’s got nuclear, but it’s natural gas and believe it or not, natural gas is very strong. So I think the stock is a buy. But it may not be the environmental play that people think it is.”

Cramer nailed it with that prediction, with the stock surging 141.25% since then.

GE Vernova Inc. (NYSE:GEV) is a GE spin-off focused on energy solutions, including natural gas, wind, and nuclear power technologies. Here’s what Cramer said about the stock in late April:

“I have . .GE Vernova and I’ve got Vertiv on tonight. . the CEOs. And I just want to say that there’s been a lot of what I regard as misinformation about the data centers slowing. And both, when you read the Vertiv notes, like forget it, the business is on fire. When you speak to Scott, Scott Strazik who’s the CEO of GE Vernova, he would tell you that the hyperscalers like to play. Like they put some here, they wanna put there, and they talk about doing this, talk about that. But in the end the orders are up and that anyone who thinks that the hyperscalers are scaling back, frankly, is just, not telling the truth.”

“What Scott is saying for GE Vernova is that’s the game they’re playing. They’re just trying to build it here, they’re trying to build it there. They’re not gonna let each other know. It’s just a little bit more secretive but I’m the keeper of the order book and the order book is [inaudible]. So those who are trying to get those down . . .they gotta rethink their game. They gotta rethink. It’s all I’m saying.”

Overall, GEV ranks 8th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GEV but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

 

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

 

Disclosure: None. This article is originally published at Insider Monkey.

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